The project is located in the bustling avenue of Hefei Economic and Technological Development Zone, covering an area of ??100 acres. The total investment of the project will reach 1 billion, and it will consist of a restaurant, entertainment, food court, boutique stores, office buildings, five-star hotels and a performing arts plaza that can accommodate 1,000 people.

The project will officially start construction in September this year and is scheduled to be completed by the end of next year. Paramount was one of the iconic cultural industries in Shanghai in the 1930s. It was a gathering place for dignitaries and wealthy celebrities at that time. It was known as the "No. 1 Yuefu in the Far East" and was one of the symbols of China's nightlife at that time. . According to Zhao Shichong, after entering Hefei, Paramount "will introduce the latest trendy international performances from Europe and the United States as well as domestic performances with local characteristics, so that Hefei citizens and tourists can enjoy the sensory enjoyment of audio-visual entertainment."

After the construction of Paramount in Hefei started in September this year, Paramount in Kunshan is also expected to start construction at the end of this year.